logo
  

Faurecia Selects Engie To Help Reach CO2 Neutrality For Scopes 1 And 2 By 202 - Quick Facts

French automotive parts manufacturer Faurecia (FURCY.PK) on Tuesday selected French natural gas and electricity supplier Engie SA (ENGQF.PK,ENGIY.PK) to become a partner to support its commitment to reach CO2 neutrality for scopes 1 and 2 by 2025.

Under this partnership, Engie, a world leader in low-carbon energy and services, will provide energy solutions to be deployed across more than 100 Faurecia sites worldwide by mid-2022.

As a new step on Faurecia's CO2 neutrality journey, Engie will accompany Faurecia through the deployment of energy saving equipment & methodology solutions in Europe, China, Brazil and Mexico, enabling 15% reduction of site energy consumption out of a reference of around 600 GWh.

In addition to this first milestone of CO2 neutrality in scopes 1 and 2 in 2025, Faurecia is also targeting to reduce by half its scope 3 emissions by 2030 and aims for full CO2 neutrality by 2050, including the use phase of its products. These targets are aligned with the 1.5°C ambition of the Science Based Target initiative.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. may face production shortfall of as many as 6 million iPhone Pro units this year due to ongoing protests at its major China plant, Bloomberg reported citing a person familiar with assembly operations. Following the news, Apple shares were losing around 2.2 percent in pre-market activity on the Nasdaq. Despite fears of inflation, consumers spent $9.12 billion for online shopping during Black Friday, higher than in previous years, as per a report published by Adobe Analytics. During the 2022 holiday season, total estimated revenues are $209.7 billion, a growth of 2.5 percent from last year's recorded revenues of $205 billion. Weis Markets, Inc., a Mid Atlantic food retailer, has recalled 108 containers of Weis Quality Sea Salt Caramel Ripple Ice Cream citing possible presence of undeclared soy and coconut allergens, the U.S. Food and Drug Administration said. The recalled product comes in 48oz containers that says Weis Quality Sea Salt Caramel Ripple Ice Cream, while the lid says Weis Quality Caramel Caribou Ice Cream
Follow RTT